Man Pays Students $100,000 to Quit School
out of reach: something that is too difficult to achieve
Imagine a world where you get paid to chase your dreams instead of sitting in a classroom. This is what Peter Thiel, co-founder of PayPal, offers to young people. He challenges young minds to rethink the necessity of a college degree.
Thiel started a special program encouraging young people to quit school in 2010. He gives $100,000 to young people who have big ideas for new companies or charities. He wants them to leave school and start working on their projects immediately. Over 270 people have received this money since the program began.
Thiel isn’t the only one questioning the value of a college education. With the average price of a public university being $36,000, it is becoming increasingly out of reach for many. After considering the interest on loans that many young people must take, the full cost of a public university education is over $300,000.
Sample sentences
1. Even though the championship title was out of reach this season, the team kept practicing hard.
2. For many, owning a house feels out of reach due to high prices.
3. For many small businesses, breaking into the international market is out of reach without significant investment.
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